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New Vision Holdings Inc

New Vision Holdings Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352605505 ✦ San diego, CA ✦ Designated as a 501(c)(2)

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Overview

What is New Vision Holdings Inc?

New Vision Holdings Inc is a title-holding company, serving as a vital asset for the New Vision Christian Fellowship. Established in San Diego, California, the company solely focuses on managing property-related matters for this religious organization. It plays a crucial role in ensuring the fellowship's real estate interests are well-maintained and managed effectively.

Is New Vision Holdings Inc legitimate?

New Vision Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. New Vision Holdings Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of New Vision Holdings Inc?

New Vision Holdings Inc exists primarily as a title-holding entity for the New Vision Christian Fellowship. Its primary role is to manage and oversee the property and assets associated with the fellowship, serving as a legal and administrative entity to support its operations. The company's mission is directly tied to the fellowship's, ensuring its continued presence and operation for the benefit of its members and the broader Christian community.

Who is the CEO of New Vision Holdings Inc?

Peter Contreras is the President of New Vision Holdings Inc.

What is the revenue of New Vision Holdings Inc?

New Vision Holdings Inc's revenue in 2022 was $768,803.

Who are the executives of New Vision Holdings Inc and what are their salaries?


There is 1 key member and their salary:


Peter Contreras (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Vision Holdings Inc?

New Vision Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Vision Holdings Inc

New Vision Holdings Inc, as a title holding company, is dedicated solely to serving the interests of the New Vision Christian Fellowship. Its mission is centered around providing a supportive structure for this religious organization, ensuring its continued existence and operation. In essence, New Vision Holdings Inc acts as a steward, safeguarding the title and property associated with the New Vision Christian Fellowship. This role allows the fellowship to focus on its spiritual and communal activities, without the burden of managing its property and title-related matters.

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Impact




October, 2024

New Vision Holdings Inc plays a pivotal role as a title holding company for the New Vision Christian Fellowship. By managing and securing the ownership of property, it allows the Christian Fellowship to focus on its mission of community improvement in San Diego, CA. This structural support enables the Fellowship to advance its initiatives, foster community engagement, and provide services to local residents, thereby creating a positive impact in the area.




This information is meant to be a general summary of New Vision Holdings Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$768,803 (2022)
Expenses
$1,924,678 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $758,803
  • Program Service Revenue: $10,000
  • Gross Receipts: $768,803

Assets and Liabilities:

  • Total Assets: $29,179,227
  • Total Liabilities: $20,000
  • Net Assets: $29,159,227

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$10,000

Organization Details

Founding Year

2018

Principal Officer

Peter Contreras

Main Address

5310 ORANGE AVE, SAN DIEGO, CA, 92115

NTEE Category

Code: S41 - Community improvement

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